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The Conference Board s Employment Trends Index - which forecasts employment for the next 6 months - significantly increased with the authors saying
Despite the disappointing April jobs report, the Employment Trends Index significantly increased in April .
Analyst Opinion of Conference Board s Employment Index
Econintersect evaluates the year-over-year change of this index (which is different than the headline view) - as we do with our own employment index. The year-over-year index growth rate accelerated by 36.3 % month-over-month and a positive 43.9 % year-over-year. The Econintersect employment index is now in positive territory but now declining and we are predicting slowing growth over the next 6 months.
The Conference Board Employment Trends Index™ (ETI) Increased in April
Index shows no signs of slowing job growth
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NEW YORK, May 10, 2021 /PRNewswire/ The Conference Board Employment Trends Index™ (ETI) significantly increased in April, after an increase in March. The index now stands at 105.44, up from 102.65 (an upward revision) in March. The index is currently up 45.7 percent from a year ago. Despite the disappointing April jobs report, the Employment Trends Index significantly increased in April, suggesting strong employment growth in the coming months, said Gad Levanon, Head of The Conference Board Labor Markets Institute. Most of the Index s components are rapidly improving. However, the number of employees in the temporary help industry, usually a strong leading indicator of employment, declined in April. Rather than signaling a weak outlook for job growth, it may reflect some substitution in employment as e
The Conference Board Employment Trends Index™ (ETI) Increased in March
Strong job growth expected over the coming months
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NEW YORK, April 5, 2021 /PRNewswire/ The Conference Board Employment Trends Index™ (ETI) significantly increased in March, after a small decrease in February. The index now stands at 102.44, up from 100.01 (a downward revision) in February. The index is currently up 7.7 percent from a year ago. The Employment Trends Index significantly increased in March and signals that job growth will be very strong over the coming months, said Gad Levanon, Head of The Conference Board Labor Markets Institute. Despite the recent increase in infection rates, the vaccination campaign is progressing at a rate that should significantly reduce the spread of the virus in the next couple of months. Labor intensive in-person services will continue to reopen, and consumers flush with cash due to a year of elevated savin
The Conference Board s Employment Trends Index - which forecasts employment for the next 6 months - significantly increased with the authors saying
The Employment Trends Index significantly increased in March and signals that job growth will be very strong over the coming months .
Analyst Opinion of Conference Board s Employment Index
Econintersect evaluates the year-over-year change of this index (which is different than the headline view) - as we do with our own employment index. The year-over-year index growth rate accelerated by 16.3 % month-over-month and a positive 7.5 % year-over-year. The Econintersect employment index is now in positive territory but now declining and we are predicting slowing growth over the next 6 months.